Tag: Indonesian Coal

Indonesia: Rally in mid-CV coal eases marginally, traders in wait-and-watch mode

Jul 5, 2021

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by

Rituparna Ghosh

in Non Coking

The rally in the Indonesian Coal Index (ICI) for mid-CV 4,200 GAR grade coal paused last week as Chinese traders were heard waiting for further cues after China’s top economic planner hinted at easing supply this month onwards. Price for the 4,200 GAR grade fell marginally by $0.6/t w-o-w to $64/t, FoB, pausing a rally…